Improve Your Home with Your Tax Refund

The 15th of April is looming close. Are you done with your taxes or are you still procrastinating? For those who are through with them, do you owe the government or do they owe you? If it is the former, we cannot help you much,...

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Extreme Weather Affects Home Building

A couple of weeks before, a number of reports claimed that the confidence of home builders was surging. The trend has reversed but hopefully for just a short time. This month the confidence of US homebuilders has suffered because extreme weather has resulted in potential...

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Ready to Sell?

So you think you are ready to sell your home? That is really good, but we hope you did not make this decision in haste.  There is so much uncertainty in the real estate market right now that home sellers are not very sure if...

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The End of the Mortgage Forgiveness Debt Relief Act

The Mortgage Forgiveness Debt Relief Act was implemented in the year 2007 to help troubled homeowners manage their finances in a better way. Under this act, any mortgage debt was exempted from taxes, provided the lenders had forgiven it. In the era after the crisis,...

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Home Buyer’s Survival Guide

The real estate market is recovering, but stability is still not certain. Currently, it is the seller that has the upper hand. But that doesn’t mean that the buyer can’t have his way. By exhibiting some prudence, you can easily save some substantial money while...

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New eSignature Requirements for Lenders

DocuSign joins the rest of the United States real estate industry in applauding the Federal Housing Administration (FHA) Office of Single Family Housing’s expansion of lender authority to accept electronic signatures on documents associated with mortgage loans. The publication of Mortgagee Letter 2014-03 is the...

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Real Estate Terms You Need to Know

Is 2014 going to be the year when you plan on becoming a homeowner? That is great, but before you step into the market, you should familiarize yourself with the terms that are so often used. Fail to understand these, and you will not be...

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Protecting Homeowners from Flood Insurance Rate Hikes

The Independent Community Bankers of America® (ICBA) recently called on the Senate to pass bipartisan legislation to protect homeowners from significant increases in flood insurance premiums, which began being phased in on Oct. 1. S. 1926, introduced by Sens. Robert Menendez (D-N.J.) and Johnny Isakson...

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Homebuyers Now Have Better Access to Home Appraisals

A new law has been enforced that will provide homebuyers with a deeper insight to their home appraisal, which includes the reviews and the electronic cross-checks. Lenders use these to determine the loan amount which should be approved.  In the light of this policy, the...

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